Chatham Asset Management LLC is an American hedge fund with a large foothold in newspapers and tabloids. They hold a controlling interest in Postmedia, A360media, McClatchy, and RR Donnelley. They were founded by Anthony Melchiorre in 2000.[1]
In 2023, Chatham and Melchiorre were charged by the U.S. Securities and Exchange Commission with 'improper trading of certain fixed income securities.', in relation to client trades of AMI stock.[2] They agreed to pay over $19.3 million in fines.
References
- ↑ "Chatham Asset Management LLC - Company Profile and News". Bloomberg.com. Retrieved July 10, 2023.
- ↑ "SEC Charges Chatham Asset Management and Founder Anthony Melchiorre for Improper Fixed Income Securities Trading". U.S. Securities and Exchange Commission.
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